Auto Warranty Companies Fight For Your Business

auto warranty - The industry of auto warranty companies is actually a fiercely competitive one. There are a limited quantity of cars on the highway - granted, there are millions of them, and all of them, at one point or still, has or experienced a warranty - however with the great number of companies fighting for that business of these drivers, this means that each car owner is the target of some very hungry sales reps.

This can be quite a daunting position to remain to get a car owner. If you are purchasing a new car from the dealership, or buying a second hand car, there will be people selling you their warranty services.

Inside the dealership, you might come across a pushy sales person who will try everything they are able to to get you to sign on for an extended warranty once you make your initial purchase. There are good things about buying at that time, including obtaining the costs of the warranty rolled up to the financing for your car, and understanding that your dealership will continue to be the place to get any repairs or replacements done. However, these comforts might end up costing you hundreds or lots of money over time. Sales representatives make huge commissions on warranties, so they're eager to help you get to enroll in one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will need to pay more up-front with those third-party companies, instead of adding a small number in your monthly car payment bills. However it would likely help you save money.

But just as not all the car sales representative has gone out to rip you off, not all third-party providers are excellent guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to gain you as being a client, so use that to your benefit. Compare prices, examine each of the terms of the warranties offered, and tell the companies you talk to “hey, make me the best offer.” Someone else will if they can't.